Wilt Chamberlain's $1M Bel-Air estate sells for $9.7M after $19M ask

The custom-built Bel-Air home originally created for basketball legend Wilt Chamberlain has sold for about $9.7 million (£7.6 million), ending years of attempts to sell the large property at a much lower price than its original asking price. According to real estate records published by Mansion Global and Architectural Digest, the property changed hands after being listed on and off the market for several years. The final price was about 48 per cent below its highest asking price of $18.99 million in 2017. Located on a private 2.5-acre hilltop at 15216 Antelo Place, the 9,395-square-foot home was sold by real estate investor Dmitri Novikov to cryptocurrency entrepreneur Erik Voorhees. Coldwell Banker Realty managed the sale.Building a home for an NBA giantChamberlain commissioned the house in 1971 while playing for the Los Angeles Lakers. He spent about $1 million to build the unusual property.